Tuesday, December 28, 2010

Commodity Call for the day

Commodity Contract Month LTP S2 S1 R1 R2 Trading Call
BULLIONS(Rs.)
Gold Feb 20511 20225 20378 20730 20925 Buy at open
market stop below
20460 target-
20580-20620
ranges.
Silver March 44361 43500 44040 44750 45095 Buy at open price
stop at 44070
target-44750-44900
ranges.
ENERGY
Crude Oil Jan. 4144 4005 4080 4175
4240 No trade
Natural Gas Feb. 189.4 175 186 197 209 Buy around 187 stop
below 185.2 target-
193-195 -197 ranges.

BASE
METALS
Copper
Feb 429.6 419 425 431 437 Buy at 427 stop loss
below 425 target-431-
434 ranges.
Zinc Dec 103.75 101.6 103 105.5 107 Buy around 103 stop
loss below 102.2
target-104.2-105.5
ranges.
Lead Dec 110.55 107.20 109 111.95 113 Buy at open market
stop at 109.3 target-
112.5-113 ranges
Nickel Dec 1076.5 1055 1072 1118 1135 Buy around 1072 stop
below 1062 target-
1092-1106 ranges.
DGCX/COMEX
($)
Gold Feb 1382.90 1355 1364 1397 1412 Sell below 1381
stop at 1384.2
target-1372/buy
above 1384.2 stop
below 1382
target-1392-1397
Crude oil Jan 88.02 85 86.8 90.8 93 No trade

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